GRS Chemical Technologies
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GRS Chemical Technologies - overview
Established
2000
Location
-, -, Italy
Primary Industry
Chemicals
About
GRS Chemical Technologies specializes in the development and manufacturing of advanced chemical and polymeric solutions, focusing on water treatment and industrial applications. Founded in 2000 in Italy, GRS Chemical Technologies operates as a manufacturer of chemical products, providing solutions primarily for water treatment and oil and gas industries. The company was acquired by Italmatch Chemicals, a portfolio company of Ardian, in December 2014, enhancing its operational capabilities. The company’s headquarters are located in Italy.
GRS Chemical Technologies manufactures a range of advanced chemical and polymeric products, including low molecular weight polymers based on Acrylic Acid and Maleic Anhydride, as well as cationic and anionic polyacrylamide emulsions, brine dispersions, and additives for the paper industry. These products are tailored to meet specific needs in water treatment, petrochemical processes, and personal care applications, serving clients across various sectors such as oil and gas, water treatment, and paper manufacturing, mainly distributing in Europe and international markets. In the most recent year, 2023, GRS Chemical Technologies reported a revenue of USD 8. 95 mn and an EBITDA of USD 2.
34 mn. The company operates on a B2B model, engaging with industrial clients through volume-based contracts and long-term supply agreements, generating consistent revenue streams from their core products. GRS Chemical Technologies is focused on expanding its product offerings and market presence. The company plans to introduce new products designed for enhanced efficiency in industrial applications, which are expected to launch by the end of 2024.
GRS aims to penetrate new geographic markets, specifically targeting regions in Asia and North America by 2025. The company's acquisition by Italmatch Chemicals will support these initiatives, providing the necessary resources and strategic alignment to drive growth.
Current Investors
Italmatch Chemicals S.p.A.
Primary Industry
Chemicals
Sub Industries
Commodity Chemicals
Website
www.grschemtec.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
GRS Chemical Technologies - timeline of key events
GRS Chemical Technologies - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 6,572,282 | 6,891,237 | 5,550,758 | 4,975,200 | 5,184,146 | 5,036,404 | 4,576,348 | 3,787,897 | 3,624,546 | 4,098,643 | 5,055,411 | - | - | - |
| % Revenue Growth (YoY) | - | 4.9% | (19.5%) | (10.4%) | 4.2% | (2.8%) | (9.1%) | (17.2%) | (4.3%) | 13.1% | 23.3% | - | - | - |
| EBITDA (USD) | 621,306 | 718,366 | 540,709 | 469,044 | 109,440 | 97,497 | 741,964 | 798,690 | 821,077 | 817,299 | 1,125,486 | - | - | - |
| Operating Income (USD) | 313,427 | 296,580 | 106,262 | 51,617 | (314,355) | (350,068) | 272,410 | 256,767 | 239,465 | 270,453 | 332,281 | - | - | - |
| Operating Margin | 4.8% | 4.3% | 1.9% | 1.0% | (6.1%) | (7.0%) | 6.0% | 6.8% | 6.6% | 6.6% | 6.6% | - | - | - |
| % EBITDA Margin | 9.5% | 10.4% | 9.7% | 9.4% | 2.1% | 1.9% | 16.2% | 21.1% | 22.7% | 19.9% | 22.3% | - | - | - |
| NET Income (USD) | 101,613 | 168,987 | 74,392 | (9,143) | (264,331) | (517,180) | 7,435 | 124,557 | 114,874 | 85,530 | 115,183 | - | - | - |
| % Net Margin | 1.5% | 2.5% | 1.3% | (0.2%) | (5.1%) | (10.3%) | 0.2% | 3.3% | 3.2% | 2.1% | 2.3% | - | - | - |
GRS Chemical Technologies - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | GRS Chemical Technologies | - |
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GRS Chemical Technologies - employee data
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